Utah Statutes
§ 6-1-12 — Time for disposing of property.
Utah·Title 6 Assignment for Benefit of Creditors·Ch. 6-1 General Provisions Relating to Assignment for Benefit of Creditors
The assignee shall dispose of all personal property and divide the proceeds of the same among the creditors as they may be entitled thereto within six months from the date of the assignment, unless further time is given for good cause by the court, and shall dispose of real estate within one year from such date, and make full settlement by that time, unless the court or judge, for good reason shown, shall extend the time therefor.
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Utah § 6-1-12 (Time for disposing of property.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
No Change Since 1953
Nearby Sections
15
§ 6-1-1
Insolvent debtor may assign.§ 6-1-10
Dividends to creditors.§ 6-1-12
Time for disposing of property.§ 6-1-16
Sales -- Confirmation.§ 6-1-17
Removal of assignee.§ 6-1-18
Death or neglect of assignee.§ 6-1-19
Compensation of assignee.§ 6-1-2
When assignment void.§ 6-1-20
Right to prefer creditor.§ 6-1-4
Inventory -- Bond.